FYI: The Department of Labor's weekly Initial Jobless Claims released this morning showed a 10K increase from last week's upwardly revised reading of 217K. Now at 227K, claims are at their highest level since May 3rd when they were slightly higher at 228K. This brings the indicator towards the upper end of the past year's range, but claims also still remain very low historically. This week marked a record 90 weeks that claims came in at or below 250K. The previous record stood at 89 weeks ending January 10th, 1970. Additionally, the streak of readings at or below 300K rises to its 225th consecutive week.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/jobless-claims-move-higher-but-still-break-a-record
Comments
Must be bary economic after efforts affects
After debate yesterday democrats can lower it even more!!.. Can't wait til2020